Tag Archives: Instituții
Ideas are the ones that really run the world
Who runs the world – economics or politics? Both of them, or neither one especially. Both economics and politics have their own facets. We must think about a re-evaluation, from a scientific point of view, of the idea of “politics” as something omnipotent that solves anything and satisfies everybody, without costs and sacrifices. Economists would say that, logically, something like
Book Launch Event: Capitalism. The Logic of Liberty
Capitalism. The Logic of Liberty was not necessarily built on an economic agenda, although the approach may seem, first of all, an economic one. In fact, the capitalism involves a specific type of society, of order… a natural one. We have tried to write about simple things, fundamental institutions, those that we considered as the ones always representing the basis of prosperity and
Where Does the Economy Suffer: the Institutional Quality of the Business Environment
Most of the times, economic performance is associated with a financial-quantitative context, which decadently captures the postmodern moral with respect to capital accumulation and business success: who invests money has success and vice-versa. Rarely this debate comes down coherently to the foundations of economic logic. Because who has time to discern on capital
The Crisis and the State: from European Realities to Institutional Imperatives
Anchored, by definition, in the logic of budget balance, the Victorian fiscal morality became today, in contemporary democracy, worthy to be displayed in the museums of economic history. Nowadays, the Keynesian doctrine – in its original version or in its reloaded post-crisis version – established a true status quo of budgetary deficits and public debts. Overwhelmed by the
Institutions and Prosperity (I)
Against mainstream considerations, the history of modern economic development does not identify itself with the history of technological progress, but with the history of “rights”, conceived as a (economical and juridical) “technology” that structures human interaction within society. This evolution is inseparable from the genesis of capitalism and of the modern system of
